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EVREC

Pre-FID✓ Source-checked

Exploits Valley Renewable Energy Corporation (JV Abraxas Power Corp. + EDF power solutions)

Project Overview

Country
Canada
Region
Terranova y Labrador, Canadá
Capacity
2,600 MW
Technology
Other
Investment · scope not declared (EUR)
€9.0B

≈ $9.7B, converted at EUR_TO_USD = 1.08, fixed on 1 Jun 2026

Subsidy Status
—

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Development Timeline

Announced2023
FID—
Construction—
Operational2028planned date

Readiness Score

0/ 100
Early Stage

Weighted checklist of public info. Not a prediction of success.

Development

✗Final Investment Decision+15
✗EPC Contract signed+10
✗Permits obtained+8
✗Grid connection secured+7

Commercial

✗Binding offtake agreement+15
✗MOU / offtake letter of intent+5
✗Confirmed price / tariff+5
✗Applied to government program+5

Financing

✗Project finance / debt secured+10
–Subsidy (not recorded)+0

Track Record

✗Developer has completed H2 project+5
✗Developer has completed RE project+3
✗Developer has energy experience+2
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